liquidations

Crypto markets saw a sharp sell-off over the last 24 hours, triggering a massive wave of liquidations.
According to CoinGlass data, total liquidations reached nearly $1.7 billion, as the overall crypto market cap fell around 6%. The move came during a risk-off environment, with rising geopolitical tension between the U.S. and Iran adding pressure across markets.
Long Traders Took the Biggest Hit
Most liquidations came from traders betting on upside.
Around 270,000 traders were wiped out in the past day.
Long liquidations: about $1.57B
Short liquidations: about $107M
This shows the market was heavily positioned on the long side before the drop.
Bitcoin and Ethereum Led the Liquidation Wave
Bitcoin accounted for nearly half of the total wipeout.
BTC liquidations: about $768M
Longs: roughly $745M
Ethereum also saw major forced selling.
ETH liquidations: about $417M
Longs: roughly $390M
Exchanges With the Highest Liquidations
The biggest liquidation volumes were concentrated on a few major platforms.
Hyperliquid saw the largest activity, followed by Bybit and Binance.
These forced closures happen when leveraged traders cannot meet margin requirements, and exchanges automatically close positions. During sharp drops, this selling pressure often accelerates the downside.
BTC and ETH Fell to Two-Month Lows
Both majors dipped to their lowest levels in about two months during early Asian trading.
Bitcoin dropped near $80,815
Ethereum fell to around $2,687
Prices later rebounded slightly, but volatility remains high.
Among the top 10, Solana was one of the biggest losers, falling around 7.7% in the same 24-hour period.
Risk-Off Mood Spread Across Markets
The turbulence was not limited to crypto. Reports also pointed to stress in metals and equities, with even tokenized gold exposures seeing liquidation events as the broader sell-off intensified.
Sentiment Drops Into Extreme Fear
Market psychology weakened quickly.
The Crypto Fear & Greed Index reportedly fell to 16, entering “extreme fear” territory and marking its lowest level so far this year.
On-chain data also suggested whale activity consistent with panic selling during the sharp move.
What Comes Next?
With geopolitical uncertainty, heavy deleveraging, and fragile sentiment colliding, traders are now preparing for continued volatility.
The key question moving into February is whether this liquidation flush sets up a relief bounce or if risk aversion keeps markets under pressure a bit longer.
Not financial advice. Stay cautious and manage risk.

#MarketCorrection #BTC #Liquidations

The numbers tell a familiar story, but they still land with weight.

Over the last 24 hours, crypto markets quietly ran a stress test on leverage, and leverage blinked first. More than $1.03 billion in positions were wiped out, affecting 235,589 traders in a single day. This was not a slow bleed. It was a cascade.

Zoom in, and the imbalance becomes obvious.

In just one hour, nearly $192 million was liquidated, with longs making up almost all of it. That pattern only intensified as time expanded. At four hours, long liquidations crossed $528 million. By twelve hours, they were nearing $729 million. Over the full day, longs accounted for roughly $914 million, while shorts barely crossed $118 million.

This was not a two-sided fight. It was a one-sided unwind.

What makes this interesting is not the size alone. Crypto has seen bigger liquidation days. What stands out is the consistency across timeframes. From one hour to twenty-four hours, the same group kept getting hit. That suggests positioning was crowded, conviction was shared, and risk assumptions were aligned in the wrong direction.

Think of it like a bridge where too many people decide to stand on the same side because the view looks better there. Nothing breaks at first. Then the structure shifts, and suddenly everyone realizes balance matters more than optimism.
$BTC
Liquidations are often framed as punishment or drama. In reality, they are feedback. They reveal where expectations were stacked too neatly, where protection was thin, and where traders forgot that markets move not just on belief, but on liquidity.

Another quiet detail matters here. Short liquidations stayed relatively small throughout. That tells us price did not violently reverse upward. Instead, it likely moved just enough, just long enough, to drain leveraged longs without offering relief rallies. That kind of price action is patient, not emotional.

For traders, this is a reminder that leverage does not care about narratives. It only cares about margins, timing, and volatility. For the broader market, it suggests excess risk is being cleared, which historically is not a bad thing. Markets tend to breathe better after crowded positions are flushed out.

This was not the end of anything. It was a reset.

And resets, while painful in the moment, are often how markets remind participants to respect gravity before trying to fly again.
#Liquidations #FedHoldsRates $BTC